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Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) A13Y 80 $26 $31 O5T4 162 14 11 Determine the value of
Item | Inventory Quantity | Cost per Unit | Market Value per Unit (Net Realizable Value) |
A13Y | 80 | $26 | $31 |
O5T4 | 162 | 14 | 11 |
Determine the value of the inventory at the lower of cost or market by applying lower of cost or market to each inventory item, as shown in Exhibit 9.
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